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WFW advises Crédit Agricole on Rimorchiatori Fratelli Neri financing

Watson Farley & Williams (“WFW”) advised Crédit Agricole Italia S.p.A. on a loan facility to Fratelli Neri S.p.A., to finance the construction of the “ROMITO” tugboat built at Damen Shipyards in the Netherlands. The financing has been fully disbursed to cover the payments agreed with the Dutch yard. Crédit Agricole Italia S.p.A., a subsidiary of …

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Blue Growth is Real in Cyprus

Cyprus has undertaken a major endeavor to establish and develop a maritime cluster of companies and services, enabling Blue Growth to be part of a cohesive and flourishing set of initiatives and programmes. In an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com), Natasa Pilides, Cyprus Shipping Deputy Minister, Petros Achtypis, Founder of Prevention at …

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Trade Challenges Ahead for the Shipping Industry

Brexit, IMO 2020 and the Coronavirus are plaguing the shipping industry of late and ECSA (European Community Shipowners’ Associations) is working round the clock in order to offer solutions to its members and advocate the industry’s contribution towards the European economy. In an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com), Mr. Claes Berglund, President …

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Speed Optimisation, not Slow Steaming is the Answer to Lowering Shipping Emissions Says GreenSteam

During the past few weeks, debate regarding the best solution to lower shipping emissions has intensified, with one side claiming that slow steaming is a viable option, while the other argues against this. GreenSteam’s Chief Operations Officer, Simon Whitford, ventures into the discussion, arguing, in an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com), that …

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Ships for Shares Deals Are Here To Stay

Private equity owned or backed shipping companies are increasingly venturing in the ships-for-shares deals with listed ship owners. In an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com) Mr. Daniel Saunders, a London partner with law firm Watson Farley & Williams (www.wfw.com/) explains the growing popularity behind this trend and the reasoning behind it. Lately, …

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Digitalization is Fast Approaching: Here is Why You Should Pay Attention

Digitalization in shipping isn’t just a gimmick. It’s real, it’s here and is constantly evolving, helping ship owners cut costs, or improve efficiency among others. In an exclusive interview with Hellenic Shipping News (www.hellenicshippingnews.com), Mr. George Teriakidis, DNV GL’s Regional Business Development Manager outlines the various advantages and where digitalization can be applied. According to …

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The Dry Bulk Market Moving Forward: 2019 To be A Mixed Bag If China’s Economy Doesn’t Pick Up Steam

The effects of an ongoing trade war are starting to have an impact on the dry bulk market, while the gradual halting of demolition activity also had an adverse effect on freight rates. Still, 2018 has to be seen as a positive year for the market. In an exclusive interview with Hellenic Shipping News Worldwide …

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Posidonia 2018: Hellenic Shipping News Worldwide TV Interviews International Registries, Inc.

International Registries’ directors are optimistic that the 2050 targets set by the IMO’s recent meeting, on shipping’s decarbonisation are achievable. In an exclusive interview with Hellenic Shipping News Worldwide, the company’s executives highlighted the fact that over the next 10-15 years, ships’ propulsion technologies will see a dramatic change. However, as Mr. Theofilos Xenakoudis pointed …

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Posidonia 2018: Hellenic Shipping News Worldwide TV Interviews Newport Shipping

Ship-repair services specialist Newport Shipping opened a new office in Athens. The company’s CEO, Mr. Erol Sarikaya discusses with Hellenic Shipping News the unique business model of Newport Shipping, which offers significant savings for ship owners and warns that in the months leading up to 2020, berths’ availability for conversion or retrofitting projects are bound …

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